Spend Analysis

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Take Control of Spend to Manage Costs, Compliance and Risk

Because many procurement departments lack the resources, time and technical expertise to thoroughly consolidate and analyse their spend data, they often have a significant amount of missed savings throughout their organisation. The challenge is that the data required for spend analysis is often located in multiple systems and category classifications across disparate parts of the organisation.

With BravoAdvantage™ Spend Analysis, consolidating your data in a single place and in an easy-to-understand format allows you to use the right tools to unlock hidden data. BravoAdvantage Spend Analysis provides the procurement intelligence needed to drive significant savings to both lower costs and improve organisational efficiency.

BravoAdvantage Spend Analysis will improve compliance and strategic decision making based on accurate and actionable spend data aggregated from across your entire organisation, and will help you:

If you lack the ability to analyse spend data in your organisation, you are missing a tremendous opportunity to identify and drive total cost savings and take advantage of untapped opportunities throughout your organisation.

Research shows that enterprises using Spend Analysis tools have been able to achieve 5%-20% cost savings for each new dollar of spend under management. Let BravoSolution help you take control of your spend today. Learn more here.

Connect with a BravoSolution Professional

Learn more about BravoAdvantage and how we can help unlock your organisation’s hidden value and savings throughout the procurement process.

“We use the BravoSolution Sourcing Suite as the standard tool for all sourcing activity for every project, across the entire programme and across the whole of Crossrail. Like other big projects, Crossrail is on a tight timeline, so keeping it on track and hitting targets is very important. Bravo helped us deliver on key milestones.”

-Paul Darlington, Procurement Manager, Crossrail, UK

“Our standard supplier of 5 years had 2 individuals out of several hundred procurement employees using it. It could not handle more suppliers and more data fields. BravoSolution could, and has proven it. Over six categories, 1.6x – 10x savings have been realized vs. what was expected. We now use them (BravoSolution) exclusively.”

-Patrick J Collins, E-Sourcing & SRM, Kraft-Heinz, North America

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